Announced Thu, 3 Sept, 2026 · 16:55 IST
HUDCO credit rating upgraded to A- by Japan Credit Rating Agency
HUDCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹181.04
prior close
₹181.96
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.4-0.5-1.0-1.0-1.3-3.1-3.9-4.8-6.5-7.0-10.4——
Up moveDown movePending
AI summary
Japan Credit Rating Agency (JCR) has upgraded HUDCO's Foreign and Local Currency Long Term Issuer Ratings by one notch from BBB+ to A- with Stable outlook. The upgrade mirrors JCR's rating upgrade for the Republic of India announced on September 2, 2026. JCR cited HUDCO's strong capital and personnel ties with the Government of India, its critical role as a financing arm for housing and urban development, and its position as a nodal agency for government-led projects.
Likely market impact
Positive signal reflecting improved sovereign rating support; may lower HUDCO's overseas borrowing costs and strengthen investor confidence.